zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a jump in its third-quarter revenue. One of the main reasons for this is the recovery of production at the giant LNG export project partly located in the Highlands region
EU green lights CMA CGM’s takeover of Containerships
For illustration purposes only (Image courtesy of Containerships) French shipping giant CMA CGM has gained an approval from the European Commission to acquire Finland’s Containerships. To remind the deal between CMA CGM and Container Finance was announced back in June and it includes Container Finance’s holdings in Multi-Link Terminals and CD Holding. The European Commission
NEB to consider jurisdictional claims over LNG Canada feeder pipeline
zoomImage courtesy of LNG Canada Canada’s National Energy Board (NEB) said Monday it will consider a claim filed by a local environmentalist that TransCanada’s Coastal GasLink pipeline should be listed as a federal project. NEB has granted a new hearing and will accept submissions until next Monday from the claimant,
Egypt LNG cargo on way to UK
US LNG developer NextDecade appoints CCO
zoomThe proposed Rio Grande LNG export facility (Image courtesy of NextDecade) US LNG export project developer, NextDecade said Tuesday it has appointed Erik Ludtke as chief commercial officer. The appointment is effective November 1, 2018. Ludtke will be responsible for developing and managing the natural gas supply portfolio, the midstream
WFW advises Hoegh LNG on $200m FSRU financing
zoomFor illustration purposes only (Image courtesy of Höegh LNG) Law firm Watson Farley & Williams said it has advised Norway’s Höegh LNG on the recent $200 million debt financing for its ninth floating storage and regasification unit (FSRU). The 170,000-cbm FSRU to be named Höegh Gannet is currently under construction
OEEC 2018: Gas overtakes oil, but Paris still out of reach
Venture Global LNG hires Calcasieu Pass project director, plans to start construction early next year
For illustration purposes only (Image courtesy of Venture Global LNG) US LNG export project developer, Venture Global LNG said Tuesday it has hired the project director for its Calcasieu Pass liquefied natural gas export project in Louisiana. This follows the announcement by FERC on the positive final environmental impact statement for the proposed 10 Mtpa
South Korea’s Kogas Sep LNG sales rise 8.9 pct on year
For illustration purposes only (Image courtesy of Kogas) South Korean state-owned Korea Gas Corp’s liquefied natural gas (LNG) sales rose 8.9 percent year-on-year in September. Kogas sold 1.84 million tonnes last month, compared to 1.69 million tonnes in September 2017, the world’s second-largest corporate buyer of LNG said in a
US FERC issues positive FEIS for Venture Global’s Calcasieu Pass LNG project
zoomImage courtesy of Venture Global LNG The United States Federal Energy Regulatory Commission (FERC) has issued a final environmental impact statement for Venture Global LNG’s Calcasieu Pass project and related pipeline infrastructure in Cameron Parish, Louisiana. Venture Global LNG is developing a liquefaction and export facility with 12 million tonnes per